From Nasdaq: 2024-11-15 17:00:00

Investors are increasingly interested in AI, with software companies promoting productivity gains and hardware players focusing on data centers and chips. Meta Platforms and Palantir are making waves in military AI. Meta’s Llama AI model is being used for defense research, and the AI analytics market in defense is projected to be worth over $60 billion in five years.

Meta is leveraging AI to enhance user understanding and engagement across its social media platforms. Its foray into defense and expansion of AI capabilities are seen as smart moves. With a low P/E ratio of 27, now might be a good time to buy Meta stock.

Palantir’s AIP release has led to partnerships with Oracle and Microsoft. The stock has surged over 240% this year but has a high P/S ratio of 53. While optimistic about Palantir’s future, its valuation is considered inflated. Investors are advised to wait for potential sell-offs to buy Palantir stock.

Experts are issuing “Double Down” stock recommendations for companies on the verge of growth. Investing early in companies like Amazon, Apple, and Netflix has yielded significant returns. Now is the time to consider these opportunities before they skyrocket.



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